Ukraine’s deputy prime minister said the country accepts dogecoin donations and urges Elon Musk and other holders to help “save lives from Russian invaders.”
Ukraine is accepting dogecoin donations for its defense against Russia, with one of the country’s top leaders appealing to billionaire Elon Musk and other dogecoin owners to help support its wartime efforts.
“We are starting to accept meme coin donations. Now even memes can support our army and save lives from Russian invaders,” Deputy Prime Minister Mykhailo Fedorov wrote in a statement. Wednesday post on Twitter.
He posted the message after Russia’s apparent acceleration in its attack on the former Soviet republic. Russian forces stepped up their attacks in the city of Kharkiv on Tuesday, firing missiles that reportedly hit government offices and residential areas.
Fedorov, who is also Ukraine’s minister of digital transformation, included the address of the country’s official dogecoin wallet in the message to his approximately 180,000 Twitter followers.
“The dogecoin folks aren’t usually wealthy and dogecoin itself is usually used for small transactions, but we are a caring and passionate bunch,” Markus wrote.
The Ukrainian government, along with non-governmental organizations and DAOs supporting the country, have received more than $52 million in crypto donations, blockchain analytics firm Merkle Science said on Wednesday. The Ukrainian polka-dot wallet saw more than $6 million in inbound transactions within 24 hours of the start of acceptance, the company said.
Fedorov launched the appeal for dogecoin donations on Wednesday, noting that the value of the same coin has surpassed that of the Russian ruble, which collapsed following Moscow’s invasion of Ukraine.